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Property profile & analytics
FOR SALE
Outlet malls

140 Green Rd Knoxville, TN 37920

106,802 SF 16.06 ac lot Built 2005
Entity Owned 18-yr Hold Free & Clear
Property ID
US80-1333190
Property summary
AI-generated overview

This ±1.4-acre commercial land parcel presents a unique investment opportunity in Knoxville, Tennessee. Strategically located at 140 Green Rd, this development site boasts exceptional visibility and accessibility, situated directly in front of a Home Depot and adjacent to a Walmart Supercenter. The property's prime location within a thriving retail corridor ensures high traffic volume and strong consumer demographics. The surrounding area is densely populated with a variety of established businesses, including Walgreens, CVS Pharmacy, Lowe's, Burger King, Dollar Tree, Cato, Regions Bank, Truist Bank, Pizza Hut, Ruby Tuesday, and Chick-fil-A, creating a robust and diverse commercial environment. This outlot offers significant potential for a wide range of commercial developments, capitalizing on the high foot traffic and strong retail presence. Its proximity to the Great Smoky Mountains National Park further enhances its appeal, attracting both local and tourist traffic. The property is zoned for commercial use (specific zoning information should be independently verified). This exceptional location and substantial lot size make this an ideal opportunity for investors seeking high-return commercial development in a rapidly growing area of Knoxville. The property is offered for sale and ready for immediate development. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a premier commercial property in a highly desirable location.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2005
Construction STEEL FRAME
Total area 106,802 SF
Lot 16.06 ac (699,574 SF)
APN 124 17702
UPID US80-1333190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tool & Truck Rental Center at The Home Depot (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
  • Penske Truck Rental Car Rental Facility
  • Garden Center at The Home Depot Garden Center
  • Home Services at The Home Depot HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.52M
Blend (final) Blend
$14.10M
Owner & transaction history
Hd Development Of Maryland INC · 18 yrs held
Hd Development Of Maryland INC
since 2007
2 recorded transactions
2007
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $21.7M +70.0%
Neighborhood: shopping center $20.6M +61.6%
Auto repair, garage $17.1M +34.1%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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